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Geoffrey Thomson Perth-based investment firm Braveheart has announced that founder and chief executive Geoffrey Thomson has quit as the firm announced losses of more than £760,000.

Accountancy heavyweight Deloitte has posted a seven per cent rise in profits that has seen partner earnings rise from £750,000 to £822,000. Revenue at the firm grew 6.4 per cent from £2.55 billion to £2.71bn in the 12 months to the end of May this year.

Alan Brown and Bruce Cartwright of PwC have been appointed as joint administrators of Fletcher Shipping Ltd, a Portlethan-based oil field services firm. Established in 2007, Fletcher Shipping provided offshore supply vessels to exploration and production firms operating predominately across the Nort

The Bank of Scotland, Scotland’s first and oldest bank, is today celebrating its 320th birthday having been founded by an Act of the Scottish Parliament on 17 July 1695, just a year after the founding of the Bank of England. Following the passing of the Act, the Bank's promoters opened two subscri

David Hoey David Hoey, a partner and accredited employment law specialist with bto solicitors, has been appointed as the Chairman of the Institute of Directors for Glasgow and the West of Scotland.

Edinburgh-based Royal Bank of Scotland, which six years ago was the largest bank in the world, has been reduced to 18th in the the global Top 1,000 banks table, as compiled by industry publication The Banker.

Michael Matheson The Scottish government is taking an "innovative approach" to tackling more than 230 serious organised crime groups (SOCGs) operating in the country, according to Justice Secretary Michael Matheson.

Net lending from banks participating in the UK Government's Funding for Lending Scheme (FLS) to small and medium-sized enterprises grew by £635m in the first three months of the year, according to official data released by the Bank of England. The figure represents a turnaround from the £800m decl

Pre-tax profit at Clydesdale Bank increased 53 per cent to £133 million in the six months to March according to new figures released as the Glasgow-based bank searches for a new owner. The bank is to be demerged from its parent, the National Australia Bank (Nab), through a flotation on the London S

Jim Brown Royal Bank of Scotland has announced that John Maltby will step down from his role as chief executive at Williams & Glyn, the challenger bank that RBS was forced to create as a result of rules relating to its Government bail-out at the height of the financial crisis.

Murray Shaw Law firm Gillespie Macandrew has announced major changes to its leadership team, with Murray Shaw becoming chairman and Chris West taking over as chief executive from Ian Turnbull.

Johnston Carmichael is to enhance its integrated employment solutions offering with the strategic appointment of Richard Britten. Mr Britten (pictured), a seasoned tax and national insurance professional, has accumulated more than 20 years’ experience in international tax and employment taxation w

The Institute of Chartered Accountants of Scotland (ICAS) has announced the winners of its annual CA Rising Stars competition, recognising the brightest young talent from across the global accountancy profession. At a prestigious awards ceremony at London’s Oxo Tower, Jemima Jacobs CA –

A growing number of Scottish businesses say trading conditions are deteriorating, according to fresh data from MFMac’s business sentiment tracker, The View. The biannual survey of Scottish corporates found that one quarter (25%) of respondents said their most recent financial year had gone wor

New lending data from Funding Circle has signalled a shift in how SMEs use external finance, with borrowing for tax payments, working capital and debt refinancing all rising significantly, while growth-focused lending loses ground. The findings, based on analysis of 2025 data, carry practical implic